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Blackstone (NYSE: BX ) has secured approximately $1 billion for its private credit continuation fund that allows existing investors to exit while the firm retains control of the underlying loan assets. Allianz Global Investors is leading the investment in the new vehicle, which holds assets from Blackstone Capital Oppo
New On The Block Caribou Biosciences, Inc. (NASDAQ: CRBU ), a clinical-stage CRISPR genome-editing biopharmaceutical company, is exploring strategic alternatives to maximize stockholder value and plans to discontinue further development activities for its two allogeneic CAR-T cell therapy programs. The company has hire